DTCC INTERVIEW QUESTIONS AND ANSWERS

What does DTCC do? - CORRECT ANSWERThe Depository Trust & Clearing Corporation (DTCC)

is an American post-trade financial services company providing clearing and settlement services to the

financial markets.

Clearing transactions -> intermediary

Clearing brokers are exchange members, who help ensure that trades settle appropriately and

transactions are successful. Clearing brokers are also responsible for maintaining paperwork associated

with...
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